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Riverwood Capital led a $35m funding round in Geopagos.

Synopsis

Riverwood Capital, a private equity firm, led a $35m funding round in Geopagos, a developer of digital payments services application, with participation from Endeavor Catalyst. “Latin America is a significantly underpenetrated card market and Geopagos is well positioned as the software enabler and infrastructure provider empowering payment card acceptance and digital payments across the entire region. We are excited to partner with this extraordinary team as they invest heavily to bring more disruptive and reliable payment infrastructure solutions to Latin America and consolidate the use of digital payments at a critical moment of change for the region as more companies actively enter acquiring and embed payments in their offering," Francisco Álvarez-Demalde, Riverwood Capital Co-Founder and Managing Partner.

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